Nationwide Title Clearing, Inc. (NTC) is known in our industry as being the true experts when it comes to lien release processing and other Life of Loan services. We understand that there are many components involved to keep clients truly compliant, this is why we want to share the secrets to our success over the last 28 years
One of the secrets to our successful lien release processing service is our Risk Analysis procedure. NTC has compiled information as it relates to questions posed by current clients around Lien Release processing and the associative risk. This information is broken into three categories:
1 - Process Related Risks
eRecord
Disaster Recovery/Business Continuity
Reject Rates
Unlicensed Practice of Law (UPL)
2 - Vendor Related Risks
Liability/Indemnification
Jurisdictional and MERS Related Compliance
Signing Practices
Compliance Rate/Overall Performance
Legal and Regulatory Focus
3 - Mitigated Risk with Experience
When deciding on a lien release vendor, it is important to choose an organization that places importance on each individual order; working effortlessly to not only reduce the mountain of liability, but to eradicate it altogether.
